This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 1-bathroom apartment of 85 m², built in 1967, energy rating D. Located on rua do Tejo, 278, Carcavelos e Parede parish, Cascais municipality, Lisbon district. Noteworthy Features: The property includes a dedicated storage room and pantry, enhancing its potential for efficient space utilization in an area that is already in high demand.
The valuation. The asking price of €320,000 is significantly above the fair value of €266,102, marking an overpriced property by €53,898 (20.3%). This suggests limited room for negotiation and potential for loss if acquired at this price.
Fair value modelled at €266,102 from 6 comparable sales in the area. Asking €320,000 sits €53,898 (20.3%) above — overpriced versus fair value.
Asking €320,000 versus the rua do Tejo, 278 area baseline of €315,839 (€3,716/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €315,839, adjusted for condition and micro-location, gives a modelled fair value of €266,102 (€3,131/m²), a €53,898 (20.3%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Tejo, 278 | Subject | €320,000 | €3,765 | — | 62 | 73 |
| avenida Doutor Francisco de Sá Carneiro | Active | €438,000 | €1,352 | 64.1% | 70 | 63 |
| Carcavelos e Parede · b4533a | Active | €215,000 | €2,688 | 28.6% | — | 73 |
| avenida Doutor Francisco de Sá Carneiro, 11 | Active | €740,000 | €3,304 | 12.2% | 68 | 76 |
| São Domingos de Rana · 829005 | Active | €478,000 | €2,779 | 26.2% | 70 | 70 |
| Median comp | €458,000 | €2,734 | 27.4% | 70 | 72 |
Long-term rental The property is overpriced at €320,000 compared to its fair value of €266,102, resulting in a 20.3% disparity that undermines profit potential in this strategy. While the gross yield of 5.3% may seem appealing, the elevated purchase price may erode returns for long-term rental investors. Family rental With a listing price of €320,000, which is notably above the fair value of €266,102, the property presents a challenge for family rental success. The 5.3% yield might not justify the acquisition cost in a suburban area where tenant demands can fluctuate. Buy-and-hold The buy-and-hold strategy is compromised by the property's current price of €320,000, significantly above its fair value of €266,102. As a result, investors may find it difficult to achieve meaningful appreciation or returns over time given the 20.3% gap in valuation. Not ideal for Luxury market, Student housing, Short-term rental
Economic Dependence Risk The property could be vulnerable to local economic downturns due to a moderate economic stability score of 75/100, which may impact tenant retention where the tenant stability score is also relatively low at 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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